Finance Intern

POLAR SEMICONDUCTOR INC • Bloomington, MN • 52min ago

FinanceIntern Location:Bloomington, MN| [On-Site] Employment Type:Temporary - 12-13 weeks About the Role We are seeking a motivated and detail-oriented Finance Intern to join our dynamic team for an exciting internship opportunity. In this role, you will work closely with the Finance team to analyze key financial metrics, identify opportunities for improvement, and contribute to data-driven decision-making. This position offers hands-on experience in financial analysis and exposure to impactful projects that influence business performance. Key Responsibilities Cost Center Budget Variance Analysis: assess budget vs. actual performance across key cost centers. Analyze variances in spending trends to uncover areas of overspending or underspending. Identify root causes of discrepancies and present actionable insights. Collaborate with cost center owners to understand operational impacts and improve forecasting accuracy. Working Capital Optimization Analysis: Evaluate the company's working capital performance and recommend areas for improvement. Analyze key working capital components (e.g., accounts receivable, accounts payable, inventory). Benchmark performance against industry standards and internal goals. Develop recommendations to improve cash conversion cycles and enhance liquidity. Qualifications Required: Undergraduate student pursing a degree in Finance, Accounting, or Business Administration Course list must include Accounting and Finance courses Excellent written and verbal communication skills Demonstrated independent and teamwork capabilities Microsoft Office experience About Us At Polar Semiconductor,we're on a mission to fulfill our future as the U.S. based manufacturing partner of choice for differentiated power and sensor technologies. With a $525M investment from the CHIPs Act, the state of Minnesota, and private equity, we are looking for the best in the industry to help Polar transform from a captive fab to a pure-play foundry. We are doubling our manufacturing capacity and investing in advanced BCD and Wide Bandgap technology such as GaN. Polar has a long history in manufacturing automotive grade semiconductors and we are expanding in strategic markets such as national defense and AI data centers. We pride ourselves on state-of-the-art semiconductor manufacturing, a collaborative culture, and a commitment to helping our customers succeed. What We Offer: Salary: $25.50 - $32.20 per hour. Pay offered is based on many factors including, but not limited to, the job-related experience, skills, education, and credentials of each candidate. Benefits & Other Eligible Compensation:Includes 401(k) plan and paid time off. Polar Semiconductor is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, veteran status, or any other status protected by the laws or regulations in the locations where we operate. About Minneapolis/St. Paul Area Our offices and manufacturing facility are located in Bloomington, Minnesota, a suburb of Minneapolis. Living in the Minneapolis / Saint Paul area offers a strong sense of community, a vibrant arts and music scene, and abundant outdoor activities year-round. The city boasts a lower cost of living than many major metros, excellent parks and lakes, and a well-educated workforce with diverse job opportunities. Its distinct seasons bring variety, from colorful autumns to lively summers filled with festivals and waterfront activities.

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